Anything can happen to anyone at any time. You could find yourself suddenly diagnosed with a critical illness. This in turn could lead to medical expenses that could put a significant strain on your emotional and financial stability. Ensure that your loved ones are protected and financially secure with a critical insurance plan.
What is critical illness insurance?
If you are lucky, you will not need to ever use critical illness insurance.
If you are ever diagnosed with cancer, heart attack or any such severe medical conditions, critical illness insurance may be one of the only things protecting you and your family from financial ruin.
This insurance plan provides coverage for severe or critical medical emergencies. Since these emergencies tend to incur greater than usual medical costs, this policy can pay out the overruns that traditional insurance cannot cover.
This way you can focus on your recovery knowing that your expenses are covered.
How can critical illness insurance help?
What does critical illness insurance cover?
There are around 26 illnesses listed by the Canadian Life and Health Insurance Association. Depending on the policy and insurance provider, the plan can cover anywhere between one major illness to all 26 medical conditions. Some plans even offer coverage for other medical conditions.
It is advisable that you go through the policies carefully to find one most suitable for you. Feel free to contact us for more information or for assistance. You can rest assured that we will be there for you.